Finance Feeds logo

New commission-free ETF trading opportunities for investors in Europe

Andrew Saks-McLeod, Head of Research and Analysis, ETX Capital

We are witnessing the “new normal” in which customer behaviour shifts rapidly towards online research for the best deals and e-commerce.

The internationally licensed investment firm JFD Group is adding another cost-efficient product line to its multi-asset offering. All its clients across the EU/EEA will be able to trade six iShares exchange-traded funds (ETFs) without paying a commission.

These instruments are the third asset class, alongside cryptocurrencies and cash equities (physical stocks), in which the company’s clients could invest free of any brokerage fees. The selected ETFs are listed on stock exchanges in Germany (XETRA), USA (NYSE Arca) and UK (XLON).

„We are achieving another milestone in our strategic roadmap by expanding our commission-free offering. It’s always exciting to see how our team delivers innovative financial products bringing to reality JFD’s mission to democratise the investment industry.

So far, this year is record-breaking for us in terms of turnover and account openings which proves that we are on the right track in our development,” said Lars Gottwik, founder and CEO of JFD.

“In the current situation with the lockdowns, many investors have become extremely cautious when building their portfolios and deciding where to spend their hard-earned money. Therefore, the ability to consider another investment vehicle while reducing the trading costs can make a massive difference in performance” continued Mr Gottwik.

Despite the turbulent economic conditions this year hitting hard many businesses, JFD‘s group of companies operate sustainably planning for the next releases in its product pipeline for 2021. It seems to have something on offer which may be suitable for both savers or spenders.

We are witnessing the “new normal” in which customer behaviour shifts rapidly towards online research for the best deals and e-commerce. It is a matter of time for us to see more investment firms jumping on the commission-free bandwagon as the competition for client acquisition in the overly saturated financial industry is fierce.

Subscribe

Read this next

Fintech

TNS brings full-stack market data management to EMEA

“We are also delighted to have Ben Myers join our London-based TNS Financial Markets team as Head of Strategic Sales for EMEA, to bolster our presence in the region.”

Chainwire

Velocity Labs and Ramp Network facilitate fiat to crypto onramp on Polkadot via Asset Hub support

Velocity Labs is proud to announce a fiat to crypto onramp using Ramp Network through the integration of Asset Hub. Through it, Ramp will be able to service any parachain in the Polkadot ecosystem.

Symbol of Ramp network
Executive Moves

INFINOX hires Mayne Ayliffe as Global Head of HR

“I look forward to working with our teams around the world to develop a strategic HR agenda that supports high performance and is centred on human motivation.”

Mayne Ayliffe joins INFINOX
Fintech

Sterling to provide risk and margin support for fixed income

“Firms must have the tools to effectively manage their risk across all asset classes. As yields rise, we see more exposure from clients in the fixed income space. We understand their need to measure and mitigate risk in a highly regulated environment.”

Retail FX

FXOpen launches HK share CFDs: Tencent, Alibaba, Xiaomi, Baidu

Hong Kong share CFDs will be commission-free for a limited period of time.

Retail FX

IronFX Celebrates an Award-Winning Start to 2024 with a Series of Industry Recognitions

IronFX, a global leader in online trading, has embarked on 2024 with a spectacular display of accolades that highlight its commitment to excellence and innovation in the competitive financial services sector.

Industry News

FIA urges CFTC to regulate use cases rather than AI itself

“We urge the CFTC to refrain from crafting new regulations that generally regulate AI because this approach presents certain well-known pitfalls. By approaching the issue from the perspective of AI as a technology, rather than the use case for the technology, corresponding regulations would likely necessitate a definition of AI. We anticipate that any attempt to properly define AI would be very challenging and require considerable resources.”

Education, Inside View

The Power of Public Relations in Finance: Shaping Perceptions & Building Reputation

It’s safe to say that the finance industry has faced its share of reputation crises over the years, from the 2008 financial collapse to the many scandals around irresponsible lending, political corruption, and even Ponzi schemes. 

Journalists interviewing a man with blue and red microphone
Digital Assets

Crossover’s crypto ECN executed over $3 billion in Q1 2024

“Our growth is also driving continued increases in the percentages of trades that are ‘Order Crossing Order’ (OXO). Currently, roughly 10% of all trades executed on CROSSx are OXO, another differentiator in our platform’s capacity. This capacity and our unique execution model provide value to both the market maker and taker, as evidenced by our commercial model.”

<
✖